Question

Define Conflict of Interest and Conflict of commitment in your

own words. Explain the difference between the two by giving an
example. What are the significant changes to the Federal laws in
recent da

Answer 1

Step-by-step explanation:

A conflict of interest occurs when a person's personal goals or relationships collide with their work obligations, potentially undermining their objectivity and integrity.

Meanwhile, on the other hand, a conflict of commitment happens when personal obligations make it difficult to complete work-related obligations, which results in disregard of duties.

For example, a government official may have a conflict of interest if they have a close relationship with a company that is submitting a bid for a contract, which could affect how they decide to proceed. A conflict of commitment exists, however, if the same official frequently neglects their responsibilities because of personal obligations, such as outside commercial interests.